August core CPI rose 0.3% month over month, and markets are now pricing a high chance of a 25bp Fed hike on September 16.
I’m leaning toward a hike, but I’m not convinced it automatically means a longer hiking cycle. The next signal is whether the Fed suggests another move is coming.
For $BTC , tech and $XAU (GOLD), I’d avoid calling the direction before the decision. A lot of the hike may already be priced in; the statement and market reaction matter too.
I don’t have an open position—I saw the news late, so I’m waiting rather than forcing a trade.
#FedRateWatch
I’m leaning toward a hike, but I’m not convinced it automatically means a longer hiking cycle. The next signal is whether the Fed suggests another move is coming.
For $BTC , tech and $XAU (GOLD), I’d avoid calling the direction before the decision. A lot of the hike may already be priced in; the statement and market reaction matter too.
I don’t have an open position—I saw the news late, so I’m waiting rather than forcing a trade.
#FedRateWatch